and thank them pam thanks for joining us according to margaret kennedy a german researcher who has studied this issue extensively and you cite interest now composes forty percent of the cost of everything we buy here in the united states i don't see in the sales slips but interest as it is exists exacted or extract or both at every stage of production suppliers need to take out loans to pay for labor and materials to further been our product as for government projects kennedy found that the average cost of interest is fifty percent is that a vat tax on steroids and why doesn't anybody in america knowable. it is shocking well and so you mentioned i was president of the public brain institute there are are what we're pushing for is that if this if it big were publicly owned you could save that for eighty percent and other words you would get it back well the taxpayers would get it back in the form of it would be money that would go to the government that the government could bench spend she found that fifty percent of government projects are interests so if the government owned the bank then

kennedy. also saturday at 10:00 and sunday at 9:00, the grandson of harry and bess truman opened his grandparents letters to each other. he is interviewed by margaretr, great granddaughter of president herbert hoover. >> the newly designed c-span website has 11 video choices, making it easier for you to watch today's event. it is also easier for you to get our schedule with new features so you can quickly scroll through all the programs featured on c-span networks and even received a c-span email scheduledschedu program is to air. a handy channel finder. this is that all new c-span.org. >> yesterday, as part of an annual tradition, president obama pardoned a thanksgiving turkey named liberty. he is joined by his daughters. >> ladies and gentlemen, the president of the united states. [applause] >> hello, everybody. it is wonderful to see all of you here today. happy thanksgiving, and welcome to the white house. tomorrow is one of the best days of the year to be an american. it is a day to count our blessings, spend time with the ones we love, and did joye good food and great company, but it is also one of the worst days of the year to be a turkey. [